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CardStar dials in $750K of $1M raise for mobile app

October 26th, 2010

CardstarWASHINGTON, DC – CardStar, a Boston-based company with offices in McLean, VA, has raised $750,000 of a $1 million mixed securities offering with participation by two DC-based venture firms, according to a regulatory filing.

The company, which sells a mobile application that lets users of membership and loyalty programs in one place on an iPhone, iPad, Blackberry or Android phone, disclosed the funding in a filing with the US Securities and Exchange Commission. The filing cites DC-based Amplifier Ventures and Acta Capital as investors. Both firms also participated in the company’s $1 million first round of funding, which included MA-based LaunchCapital.

Founded in 2008, the company says 2,000 merchants and 700,000 people use the service.

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